Money Challenge

I like the concept.

It would be easier for me to just set aside $115 per month instead of keeping track of each week. Plus, easier to save more certain months than others. It's a lot of money each week in December.

I have done this for the last two years. I find that it is fairly easy to do. The way DH's deductions are set up, by July 1st, his unemployment and Canada pension deductions are all paid up for the year, so his pay increases from July to December. So starting with the smallest amounts at the start of the year works well for us.

It was nice to have that chunk set aside - it helped pay for the girls' driver training classes!

I think, regardless of the amount and the way you do it, ANY money saved is a bonus!

I did the $5.00 thing one year and I was surprised at how easy it was to accumulate a decent amount of saved money quickly.

I've been doing the $5 thing since the summer. I didn't always remember to check and I had to dip into the jar a couple times, but I ended up with about $100 which was nice. 

Im going to try to be more consistent about it in 2015

I did this this year, but started at the $52 dollars and worked backwards. There were weeks I had to mix it up due to my budget (ie put in $ amount I had available, and then the correct amount when I could). I had it printed off and marked the weeks I paid already so I kept up and knew what amounts were in. I also did lump sums when I could (when I got a bonus at work, a commission chq or a gift). I did get all weeks checked off.

I am doing it for a trip to Europe... I started last year... and I just check off the amount I put in each week... I did start back wards.. then when taxes were due i couldn't afford the amount for a few weeks. and that is when I get creative
I doing it in 2015 too!

My husband gives me fun money in Google wallet. Then something *always* happens, and the money gets used for something else we need. No big deal, I keep money in the account just for those times. 

I do want to save up some money on the side for emergencies and other uses--like I want to take my niece to Chicago and buy her an American Girl doll. 

I'm going to start taking the cash in my wallet and hide it somewhere. Do that every month, and when I get a decent amount, I'm going to start depositing it into one of those prepaid cards--like the one that Walmart sells so you get the free money that they offer when you use their card. 

If dh and I need the money, it's there--but it will also be extra that dh won't count on when he does the budget. I just think we need some extra savings, and also get tired of him spending money on stuff and there's none left for me. --He likes going to those thrift stores and has bought more stereo equipment he "says" is for me. I'm half deaf, I can't tell that the TV is actually "in" stereo!

I'm giving it a go this year. I've opened up a 2nd share in my credit union acct that I will just quickly transfer money into each week. The only thing I'll do different is I'm going to deposit backwards, largest amt first, ect.

I do the $1 thing - any time you have a dollar bill or coins, put it in savings. I store mine in a screw type lid plastic water jug that I cut a slit into. It's in an awkward spot so I can put the money in, but would have to move a bunch of knickknacks to get into. It's such an annoying spot that I only get into the jar once or twice a year.

I haven't decided if I'll do this. I wanted to do it last year but I forgot too many times so I just gave up.
One thing me and some family members do to save is collect ones/singles with a specific letter on them. The letter in the circle that tells which Federal Reserve Bank it originated from. I save the letters "J" "B" and "L". Last year I collected about 350 bucks this way. Not a lot, but enough to use as spending money on vacay.

I used to do this too, and stopped for some reason.  Thanks for reminding me of it, I think I'll do that too!  I don't have enough money to do the other challenge.